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Originally Posted by Aces4
If one can afford a $30,000. bond payment a year, house jumping is a great idea. Ahem...
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Who is paying $30,000/year for a bond payment? It is typically more like $1,500/year.
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My Dad and Mom could probably have outshone your Dad, lol, if you want to talk about thriftiness, ambition, common sense and financial security. Thankfully, those talents were passed down to their children.
Both you and I know very few people are that adept at managing their finances and life and if this person is down to living on their SS benefits, they missed the financial boat somehow. They're asking for advice for their circumstances and I believe that lecturing someone how to suddenly become capable and proficient at living on very little is a waste of good breath.
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Who is asking for advice? The OP asked for opinions on whether it is possible. The numbers make it look like it is possible. Desirable? Maybe not, but possible.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
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